Materias primeras

Vedanta faces protests at AGM over ethical record

DSC08554
The environmental and human rights record of the miner Vedanta Resources will be put under the spotlight during its annual meeting next week, when the India-based group will face protests from pressure groups and an attempt by activist shareholders to remove members of the board.
Vedanta, the world's biggest zinc producer, declined to comment yesterday on reports that the shareholder lobby group Pirc will propose the removal of Naresh Chandra, a non-executive director who chairs the London-listed group's health, safety and environment committee and its remuneration committee. Mr Chandra, a former Indian home secretary and ambassador to the United States, joined Vedanta's board in 2004. He was not available for comment yesterday.
Pirc, which also called on shareholders not to back the re-election of directors Euan McDonald and Aman Mehta, said: "The failure of the group to engage with explicit investor-led [environmental, social and governance] concerns over the impact of group activities... [is] evidence of a lack of competent oversight, in our view."Vedanta has consistently been attacked by a range of groups. Human rights and environmental organisations have criticised the company for its bauxite project in the Niyamgiri hills of eastern India's Orissa state. The local Dongria Kondh tribe argues that if the Indian government gives Vendanta's proposed mine a green light, their way of life will be lost. Pressure groups also complain that the project will be an environmental disaster.
Last year, the company's safety record was widely condemned after more than 100 workers were killed when a chimney collapsed at an aluminium plant in central India in which Vedanta has a 51 per cent stake through its subsidiary, Sterlite Industries. Vedanta had said the plant benefited from a "relatively low cost of operations and large and inexpensive labour and talent pools". Some of the company's biggest institutional investors, including Wellington Management Company and Standard Life Investments, refused to comment yesterday.
A clutch of non-corporate investors have sold their Vedanta shares in recent years, including the Joseph Rowntree Foundation, the Church of England and the Norwegian state pension fund. All blamed the company's ethical record. According to one analyst, the company "couldn't care less" about its reputation. However, in recent months, Vedanta has tried to reassure potential investors. Earlier this month, it published a 56-page document to accompany its annual report, which sought to highlight its social and environmental work.
Ubicación : SHICHEN ROAD, 300400 AITANTI,
Persona a contactar : tw aluminum, +15 0 22 12 77 19

Buen trato: comprar del vendedor

Visita nuestra guía para una transacción segura! En ningún caso Algomtl no se hace responsable de los anuncios. Sólo la responsabilidad del vendedor o del comprador en caso de litigio está involucrado.
Por favor, lea nuestras condiciones de uso. También puede visitar nuestras preguntas frecuentes y ver nuestra información sobre los riesgos relacionados con la falsificación.
Esta página es acerca de los importadores y exportadores de
Vedanta faces protests at AGM over ethical record

Buscar en la categoria : Materias primeras
Buscar en la categoria :
ethical, faces, vedanta, protests, over, record
Marruecos 40100 Cosmética / belleza
Gommage pour le corps au café

Saturday 24 June 2023

Cantidad : 1KG - Precio : 100,00 dhs

BioProGreen Coffee Body Scrub is a versatile product that excels in various domains, making it a standout choice for individuals and businesses alike. Let's explore its presence in the following 12 areas: Society: BioProGreen is a socially conscious company that prioritizes sustainability...

https://www.bioprogreen.com/contact-us/

  • 40100 - MARRAKECH, Marrakech-Safi
  • +212524355671
Turquía 34750 Vehiculos
Foto no disponible

Friday 19 June 2020

Chers Messieurs, Nous sommes Lubratech Industrial Company en partenariat avec WST Allemagne, basée à Gebze près d'Istanbul, en Turquie, produisant des huiles à moteur, des lubrifiants industriels et des graisses et vendant sur le marché turc local et à l'exportation. Avec une capacité...

Lubratech

  • 34750 - istanbul
  • 00905452523682
Marruecos 20000 Alimentación
Foto no disponible

Saturday 09 March 2024

Buenos dias, Administro una empresa de exportación y procesamiento de pescado con una unidad de producción en Marruecos. Ofrecemos los siguientes productos: * Exportación de pescado fresco, congelado y congelado. * Procesamiento de pescado *Filete de pescado Podemos producir etiquetas...

MOD

  • 80000 - AGADIR ET LAAYOUNE
  • +212605051544